Sold
Last Sold Price
3,240 sqft$528/sqft
31 Reed Blvd, Mill Valley, CA 94941
Multi Family|TownhouseProperty Type
3,240 sq ftLot Size
1964Year Built
$528/sq ftPrice per sq ft
$1,525HOA Fees

Description

31 Reed Boulevard #14, offers an investor the unique opportunity to purchase a pride of ownership four-unit building located in Mill Valley. 31 Reed is located in the Strawberry area of Mill Valley and is a short walk to Safeway and the other retail shops and restaurants of the Strawberry Village Shopping Center. The property consists of one, two-story building situated in a small multifamily community. The unit-mix consists of two large two-bedroom/one-bath units, one large three-bedroom/two-bath...31 Reed Boulevard #14, offers an investor the unique opportunity to purchase a pride of ownership four-unit building located in Mill Valley. 31 Reed is located in the Strawberry area of Mill Valley and is a short walk to Safeway and the other retail shops and restaurants of the Strawberry Village Shopping Center. The property consists of one, two-story building situated in a small multifamily community. The unit-mix consists of two large two-bedroom/one-bath units, one large three-bedroom/two-bath unit and one one-bedroom/one-bath unit. Each unit has its own gas meter and electric meters and covered parking space. Tenants are able to take advantage of the beautiful amenities which consist of Pool, designated BBQ area and onsite laundry. The Villa Tiburon Community provides all the upkeep which is covered in the monthly the HOA dues.
  • Listed by: Philip Batlin DRE #01873218 Brokerage DRE #01240999 • Marcus & Millichap 415-625-2189
Listing closed: 08/03/2018 12:00 AM • Source: MLSListings, MLS#: ML81704559

Recent comparable sales

Median sold price

$1,350,000

Avg days on market

148

Sale-to-list ratio

86.6%

Mill Valley, CA

9 comparable properties found

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Square Feet
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Location

Listing Courtesy of Marcus & Millichap, Philip Batlin, DRE #01873218

Sold By McGuire Real Estate, Jim ONeil, DRE #01501936

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$11,985 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,692

Property Taxes

$1,768

HOA Dues

$1,525

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Property Information for 31 Reed Boulevard

Property Details
  • Taxes: $21,217 / year
  • MLS Type: Residential Income
  • County: Marin County
  • MLS City Name: MILL VALLEY
  • Building Type: FOURPLEX
  • Garage Spaces: 0
  • Parking Spaces: 0
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1964
  • Lot Size: 0.07 AC / 3,240 SF
Features
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 3240
  • Pool: Yes
  • Pool Type: None
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 1
  • HOA Fee: $1,525
Property Details
  • Area Text: Mill Valley
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 31
  • Street Name: Reed
  • Street Suffix: Boulevard
  • Area ID: 21161
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3240
  • Structure SqFt Source: Assessor
  • Age: 54
Development Information
  • Zoning Detail: R3
Location Information
  • Parcel Number: 043-330-14
  • County Name: Marin
  • City Name: MILL VALLEY
  • City Postal ID: 274
  • Postal Code: 94941
  • Elementary School District: 1594
  • High School District Text: Tamalpais Union High
Lot Information
  • Foundation: Wood Frame
  • Horse Property: No
  • Lot Acres: .07
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $21,217
  • Building Unit Total: 4
  • Capitalization Rate: 3.95
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Hot Water
  • Income Includes: None
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $1,000
  • Expense Landscape: $0
  • Expense Maintenance: $4,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $26,217
  • Operating Expenses Include: Fee - Parking
  • Gross Rent Multiplier: 18.24
  • Income Annual Gross: $99,372
  • Income Annual Rental: $101,400
  • Income Gross Scheduled: $101,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,700
Unit 2 Information
  • Unit 2 Approx Square Footage: 800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,175
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,175
Unit 4 Information
  • Unit 4 Approx Square Footage: 1000
  • Unit 4 Full Bathrooms: 2
  • Unit 4 Number of Bedrooms: 3
  • Unit 4 Rent: $2,400
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 31 Reed Boulevard

DateEvent & SourcePriceAppreciation
Aug 3, 2018

Sold

SDMLS #ML81704559

$1,710,000
Aug 3, 2018

Sold

MLSListings #ML81704559

$1,710,000
Aug 3, 2018

Sold

EBRD #ML81704559

$1,710,000
DateEvent & SourcePrice
08/03/2018

Sold

SDMLS #ML81704559

$1,710,000
08/03/2018

Sold

MLSListings #ML81704559

$1,710,000
08/03/2018

Sold

EBRD #ML81704559

$1,710,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 31 Reed Boulevard

This home is within Tamalpais Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Strawberry Point Elementary School
PublicK to 5

Mill Valley Middle School
Public6 to 8

Tamalpais High School
Public9 to 12

Edna Maguire Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Marcus & Millichap, Philip Batlin, DRE #01873218

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.